In the Matter of the Accounting of Edward C. Raftery, as Surviving Executors and Trustees under the Will of Maurice…

Summary

The New York Court of Appeals affirmed the lower courts, holding that the corporations are in privity with the Shea heirs and therefore bound by the prior res judicata judgment affirming the employment contracts, and that the Appellate Division's order directing arbitration of the cross claims should be affirmed with the sixth cross claim allowed subject only to the six‑year statute of limitations. The court also affirmed the final‑account decree.